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Real Estate Forum on How To Convert Commercial Into Residential?

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Q: I have a plot in Eiffel Olympia , Pune. As per agreement the plot is classified as Commercial NA. Can I build a home for residential purpose legally ? If Not what would it take for me to build a home legally
Latest Answer: Hi friends!! New order makes land use change easier in Maharashtra. According to the new order, the premium will be charged according to the demand for change in land use. For conversion of agricultural land to residential land, the premium would be 50% of the total value of land as per ready reckoner rates.
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